1.Which step of an internal control audit focuses on identifying control risks and determining if relevant controls are adequate to combat the risks? (Points : 1)

Plan the control test engagement. Test and evaluate control design effectiveness. Test and evaluate control operating effectiveness. Use a top-down approach to select controls to test.

Question 2.2.Which step of an internal control audit focuses on determining if employees have the necessary qualifications and skills to perform sound control practices? (Points : 1)

Plan the control test engagement. Test and evaluate control design effectiveness. Test and evaluate control operating effectiveness. Use a top-down approach to select controls to test.

Question 3.3.Which control activity deals with authorizing transactions, recording transactions, and custody of assets? (Points : 1)

Information processing controls Performance review controls Physical controls Segregation of duties controlsPlease Help Need this done 12

Question 4.4.Which internal control document allows the auditors to trace transactions through each process in its cycle? (Points : 1)

Flowchart Internal control questionnaire Walk-through Written narrative

Question 5.5.Which of the following general control activities is concerned with the grandfather-father-son principle of file retention? (Points : 1)

Accessing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

Question 6.6.Which of the following application control activities has no intrinsic meaning, such as the total of employee Social Security numbers? (Points : 1)

Self-checking total Control total Hash total Item count

Question 7.7.Which part of the accounting information system involves a detailed description of general ledger components? (Points : 1)

Chart of accounts Flowchart Manual of accounting procedures Written narrative

Question 8.8.Which internal control document typically is not used alone for internal control analysis, since it is not conducive to further analysis of the control system? (Points : 1)

Flowchart Internal control questionnaire Walk-through Written narrative

Question 9.9.Regarding internal control in a technological environment, which group designs the information system? (Points : 1)

Database administration Data control Systems analysis Telecommunications

Question 10.10.Which step of an internal control audit focuses on financial statements and entity-level controls? (Points : 1)

Plan the control test engagement. Test and evaluate control design effectiveness. Test and evaluate control operating effectiveness. Use a top-down approach to select controls to test.

Question 11.11.Which internal control document has a weakness of not highlighting internal control deficiencies as well as other methods? (Points : 1)

Flowchart Internal control questionnaire Walk-through Written narrative

Question 12.12.Which of the following general control activities involves control testing and test results as well as program debugging? (Points : 1)

Accessing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

Question 13.13.Regarding internal control in a technological environment, which function monitors central computers in accordance with applicable standards? (Points : 1)

Application programming Database administration IT operations Systems programming

Question 14.14.Regarding internal control in a technological environment, which group monitors the network for problems? (Points : 1)

Database administration Data control Systems analysis Telecommunications

Question 15.15.Which of the following is a principle that assists management in meeting objectives through an accounting information system? (Points : 1)

Communicate necessary information to support internal control components Identify and record all valid transactions Measure the value of transactions properly on financial statements Properly present transactions and disclosures in financial statements

Question 16.16.Which control activity is broken down into general controls and application controls? (Points : 1)

Information processing controls Performance review controls Physical controls Segregation of duties controls

Question 17.17.Regarding internal control in a technological environment, which group reviews exception reports? (Points : 1)

Database administration Data control Systems analysis Systems programming

Question 18.18.What type of control activities tests the accuracy and completeness of any computer-processed transactions? (Points : 1)

Application control activities General control activities Manual control activities User control activities

Question 19.19.To maintain proper internal controls in a technological environment, which is the least important personnel concern? (Points : 1)

Current certifications Mandatory vacations Assignment rotation Cross-training

Question 20.20.Which of the following general control activities involves documenting difficulties with processing and the subsequent action taken? (Points : 1)

Accessing existing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

Question 21.21.Which of the following general control activities involves creating program flowcharts? (Points : 1)

Accessing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

Question 22.22.Which of the following general control activities is concerned with parity checks and data encryption? (Points : 1)

Accessing programs and data Changing existing programs and systems Developing new programs and systems Information technology operations

Question 23.23.Which internal control document identifies employees and the tasks they perform in addition to how their duties are segregated? (Points : 1)

Flowchart Internal control questionnaire Walk-through Written narrative

Question 24.24.Which component of internal controls assesses the control performance? (Points : 1)

Control activities Monitoring Performance reviews Risk assessment

Question 25.25.Which monitoring control involves periodic audits by internal auditors? (Points : 1)

Application evaluations Ongoing evaluations Performance evaluations Separate evaluations